On July 17, according to sources cited by CoinDesk, B2C2, a cryptocurrency market maker in which SBI Holdings holds a 90% stake, is seeking to raise additional funds from external investors. According to a knowledgeable source, the London-based company plans to raise up to $200 million, and part of the funds will help SBI Holdings, based in Tokyo, reduce its 90% stake, as the matter has not been made public.
B2C2 declined to comment. As of the time of writing, SBI Holdings has not responded to a request for comment.
SBI Financial Services, a subsidiary of SBI Holdings, acquired a 90% stake in London-based B2C2 in December 2020, after first investing $30 million in July of the same year.
